By Filipe R Costa Twitter may be worth a lot more than many believe. While Facebook, Instagram, Pinterest and SnapChat delight investors with their lunar reach, Twitter remains a forgotten power that no one is willing to buy. But that could be about to change. "If it happens in the world, it happens on Twitter." That's probably the most notable slogan Twitter has ever used. It's one that pinpoints its ascent as a power in live content streaming, turning the microblogging company into the Netflix of real-life events. Three years after the IPO frenzy, and at a price 70% below its first day close, Twitter is finally at a point where it is worthy of serious consideration as a long-term investment. A low price, a more enlightened management team and the fact that the firm is approaching breakeven make the case for a favourable opinion of Twitter's stock… Click Here To Read The Full Story The Master Investor Market Report - The FTSE 100 closed the day at 6,947.55, a decrease of 66.00 points.
- The FTSE 250 fell 187.68 points to finish at 17,792.50.
- The FTSE All Share dropped 40.10 points to finish at 3,769.81.
- The FTSE AIM All Share ended the day at 826.9.
Shares in publisher Pearson (PSON) dropped 8.41% to 762.50p after sales during the first nine months of the year dropped by 9% on an underlying basis as retailers corrected inventories of higher education materials. Management said that cost reduction plans were well on track with over £350 million in annual savings targeted. Full year guidance is unchanged. |
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